Multi-Parcel Development
For Sale
$97,000
217 SALISBURY Avenue N, Spencer, NC 28159
Three combined parcels in a mixed-use residential district offer flexibility for potential multifamily development.
Property SizeContact for details
Days on Market439
Property Features for 217 SALISBURY Avenue N
General Information
Standard status
Active
Property subtype
Lot-Land
Zoning
Residential Main Street Transition District (RMST)
Amenities
City
2.42
Paved
Publicly Maintained Road
Listing Agency:
Premier Sotheby's International Realty
(513) 404-8797
Listed By:
Erica North Zinger
(513) 404-8797
Source:
Cdanjoyner
Added: Jun 3, 2025
Changed: Aug 8
Last Checked: Jul 7 at 6:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Sotheby's International Realty
Investment Insights
Based on property information with market context.
The offering consists of three parcels sold together, including parcels 035 211, 035 210, and 035 220. The property is presented as residential development land, with the ability to consider alternative configurations based on approved access and site layout.
The parcels are located on North Salisbury Ave in Spencer, NC, next to Food Lion. The property is zoned Residential Main Street Transition District (RMST). A potential option noted for planning is multifamily use with an entrance off the Main Street lot; interested parties should confirm permitted uses and any requirements with the Town of Spencer Planning.
For buyers and developers looking for small-site control, the combined acreage and shared sale structure can simplify assembly and planning review compared with pursuing separate purchases. Because zoning and permitted uses will drive feasibility, this property is best suited for parties comfortable coordinating with local planning to validate multifamily eligibility, site access, and development requirements under the RMST district.
The parcels are located on North Salisbury Ave in Spencer, NC, next to Food Lion. The property is zoned Residential Main Street Transition District (RMST). A potential option noted for planning is multifamily use with an entrance off the Main Street lot; interested parties should confirm permitted uses and any requirements with the Town of Spencer Planning.
For buyers and developers looking for small-site control, the combined acreage and shared sale structure can simplify assembly and planning review compared with pursuing separate purchases. Because zoning and permitted uses will drive feasibility, this property is best suited for parties comfortable coordinating with local planning to validate multifamily eligibility, site access, and development requirements under the RMST district.
Key Highlights
- Three parcels sold together on North Salisbury Ave in Spencer next to Food Lion (parcels 035 211, 035 210, 035 220).
- Zoned Residential Main Street Transition District (RMST), offering potential for mixed‑use residential development.
- Could possibly be used for multifamily with an entrance off the Main Street lot—verify permitted uses with the Town of Spencer Planning.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
Demographics for 28159, NC
3,067
Population
1,458
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
1,394
Density / Sq Mi
$63,396
Median Household Income
$43,302
Median Earnings
$1,042
Median Rent
$160,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three combined parcels in a mixed-use residential district offer flexibility for potential multifamily development.
Where is this residential land & home lot located?
The property is located at 217 SALISBURY Avenue N Spencer, NC.
What is the asking price?
The asking price for this property is $97,000.
What are key features of this property?
This property features: Three parcels sold together on North Salisbury Ave in Spencer next to Food Lion (parcels 035 211, 035 210, 035 220).; Zoned Residential Main Street Transition District (RMST), offering potential for mixed‑use residential development.; Could possibly be used for multifamily with an entrance off the Main Street lot—verify permitted uses with the Town of Spencer Planning.
